Lowe's Financial News

Shibani Sircar Kurian, Senior EVP, Fund Manager & Head -Equity Research, Kotak Mahindra AMC, says focus will be towards the slightly larger PSU banks given their ability to defend market share as well as their ability to raise capital which will again help in terms of loan growth as well as deposit growth. The auto pack is fairly well placed. There are pockets where growth remains strong, margins are improving because lower commodity costs continue to play out and in terms of portfolio positioning in the auto and auto ancillaries space, Kotak continues to be overweight. Let us begin with PSU banking space itself because that seems to be the flavour right now. Which are the names, if any, that still look very good? Will you stick your neck out and talk about only the largecap PSU banking names or is it getting a lot wider?While I cannot talk about specific names, let us discuss the PSU banking pack as a whole. Over the last year or so, there has been tailwinds in the overall banking sector and there has been improvement in terms of profitability in terms of return on assets for the bank. The second most important factor is that we are now in a scenario where credit costs have been extremely benign and then together with the news that has come in today in terms of the bond inclusion, overall it does look that from interest rate perspective and bond yield perspective, there is the much needed downside support that has come through.

allegations as baseless and said that he has not yet stooped too low to make such comments on the country's Prime Minister. Responding on his statement, Danish Ali said that he has not stooped too low to make such comments on the country's Prime Minister.

Tezu airport in Arunchal Pradesh's Lohit district on Sunday. «A new Terminal Building at Tezu Airport is scheduled for inauguration on September 24, 2023.

Like his father, and his father’s father, Lachlan Murdoch has ink in his DNA.

Chandrayaan-3 LIVE updates ISRO Chief Chief S Somnath on Saturday said, “We don’t know when it will wake up. It could be tomorrow, or it could also be on the final day of the lunar day.

Dubey on Saturday said that Bidhuri got "provoked" as Danish Ali kept calling Prime Minister Narendra Modi "neech". "The words used by him (Bidhuri) are not acceptable. I was present in the Parliament when all this took place.

'Making Money' host Charles Payne joins 'The Big Money Show' discusses how the state of the economy will impact 2024 election results and stock market winners and losers.

₹69 per share through the two-day OFS. The floor price of the SJVN share sale was fixed at a discount of 15.6 per cent over Wednesday's closing share price of ₹81.75 on the BSE. Non-institutional investors (NIIs) subscribed the SJVN issue by over two times, as per stock exchange data, At the indicative price of ₹69.64 per share, the bids are cumulatively worth over ₹1,450 crore.

TheIndianExpress (behind paywall), Captain Amarinder Singh talked about how he handed over a list of 9 terrorists to Justin Trudeau during his visit to India in 2018, but the Canadian PM chose to ignore it. As per the former Chief Minister, the list included the names of nine A-category terrorists and he requested action against them.

NDTV quoted Shami as saying as he was addressing the press after India's victory over Australia in the first ODI on Friday. The management of the Indian cricket team has already mentioned that they will go with Jasprit Bumrah and Mohammed Siraj when it plays at full strength during the upcoming World Cup. ALSO READ: Visa not granted for Pakistan cricket team: Babar Azam’s boys cancel pre-World Cup plans However, Shami's match-winning figures of 5 for 51 shows rotation isn't bad when you play so many matches on the bounce.

TCS on forex cards is at 5% if you add more than Rs 7 lakh on the card. There is no TCS on international credit cards. Does it mean that credit cards will be a better option than forex cards while travelling abroad? Probably not always.

With rising credit card defaults, a balance transfer can be helpful for those cardholders who cannot pay their credit card dues in full. The interest rate on balance transfer is lower than the regular interest rate on credit cards and some issuers also provide introductory offers such as zero interest for a limited period, which can be a great short-term solution to pay off your credit card debt quickly.

Multibagger stock: Apollo Micro Systems Ltd shares are one of the small-cap stocks under ₹100 that have delivered whopping return to its positional investors. The small-cap company has informed Indian exchange that it has incorporated its subsidiary company Apollo Defence Industries Private Limtied.

ANI. The major challenge for ‘Vikram and Pragyan’ would be to come back in action after surviving the chilling -200 degree Celsius of temperature. If the onboard instruments survive the low temperature on the Moon, the modules can come back to life and continue their mission to send information from the moon for next fourteen days.

Canada. A dossier put together by Indian intelligence agencies claims that he became the head of the Sikh temple by threatening his own cousin and the temple’s former president Raghbir Singh Nijjar. Nijjar, the dossier adds, was an old associate of Khalistan Commando Force (KCF) terrorist Gurdeep Singh aka Deepa Heranwala, who was involved in over 200 killings in Punjab in the late 1980s and early 1990s.

Britain is pitching itself to the world as a ready leader in shaping an international response to the rise of artificial intelligence

Arm Holdings and Instacart deepened their recent losses on Friday after analysts gave lukewarm ratings to the two companies that recently held highly anticipated initial public offerings. Arm was last down 1.7% at $51.23. Earlier it dipped as low as $50.35, below the $51 price set in its IPO on Sept. 13.

₹2 lakh remains much lower than that for standard iPhones. “Demand for the iPhone 15 Pro series is much less than the standard iPhone 15 models—for every 10 Pro iPhones sold, we’re seeing orders for at least 80 standard models," the Kolkata-based retailer said. This is in line with historical demand for the iPhone Pro models in India.

The hit TV series “That 70s Show” aired from 1998 to 2006 and focused on six teenage friends living in Wisconsin in the late 70s. The irony was that the actors playing the teenagers were not born in the late 70s and had never experienced life during that period. Many alive today cannot fathom a lifestyle devoid of the internet, cable television, mobile phones, and social media. Oh…the horrors.

Congress leader Rahul Gandhi’s new-found pitch for ‘OBC sub-quota’ in the women’s reservation bill on Friday exposed him to the fault-lines and contradictions of his party’s record on the subject, resulting in him expressing “100% regret” for the previous UPA regime not incorporating the same OBC sub-quota in its version of the bill. Gandhi’s comment came in the course of a press conference, where he repeated the demand for OBC sub-quota in the legislation that the Modi government pushed through in Parliament on Thursday, incidentally, with Congress and most other Opposition parties’ support. He accused the government of using the bill as a “distraction” and claimed that it won’t be implemented “for 10 years” and maintained that “there is no need to wait for the census or delimitation exercise” but the legislation should be “implemented immediately”. He reiterated demand for a caste census and sought an answer from the PM why “among the 90 top secretaries of the government, only three were OBCs” and claimed these three “only control 5% of the budget”.

Australia’s government has reported a $14.2 billion budget surplus for the last fiscal year